News

Samsung Heavy Industries has won orders worth $1.01 billion from Canada's Teekay Shipping to build four LNG carriers for delivery by end June 2008. They will be used to carry LNG produced…

MAN B&W Diesel is closely cooperating with major Korean shipyards, Samsung, Daewoo and Hyundai, on the use of ME-GI engines for LNG carriers. Work is now being finalised on the Hazid/Hazop safety…

Aker Yards and the French company Brittany Ferries have signed a contract for the building of a ropax vessel worth EUR 80 million for delivery in autumn 2007. The contract includes an…

Revised international regulations for the prevention of pollution of the sea by sewage from ships (revised MARPOL Annex IV, adopted by resolution MEPC.115(51)) will enter into force today, 1 August 2005. The…

MAN B&W Ltd, located in Stockport, UK, will in future be focusing on extended service business and on the production of the new RK280 engine series. The MAN B&W Diesel Group?s English…

Shipyard workers at Malta Shipyards are to get a performance bonus of Lm70 to Lm100 each next month after the company's financial performance superseded budget targets during the first three months of…

Rickmers-Linie, the Hamburg based global breakbulk, heavy lift and project specialist, has ordered four multipurpose heavy lift vessels from the SADRA Shipyard in Busheher, Iran. They are scheduled for delivery between July…

Aker Yards and the Estonian Tallink Group have signed a contract for the building of a fast passenger ferry for delivery in spring 2007, worth around $134.5 million. The contract includes an…

Talks are set to begin soon on Qatar's new LNG tanker procurement program. Qatar Liquefied Gas Co. II (Qatargas II), which plans to charter 6 to 8 large-size LNG carriers, said that…

Daewoo Shipbuilding & Marine Engineering (DSME) has received an order to build five 210,100 cubic metre LNG tankers valued at $1.20 billion from a Qatari gas producer. DSME?s latest deal means that…

Austal Ships has delivered to a private owner the ?Electra? for operation in the Bahamas.With the initial design brief heavily based on carrying and deploying a 9 metre, twin engine RIB, ?Electra?…

Brazil's state-owned Petroleo Brasileiro SA (Petrobras) signed letters of intent with Modec Inc., Houston, to supply a floating production, storage, and offloading platform (FPSO) and a floating storage, and offloading vessel (FSO)…

Alaska?s second fast vehicle ferry, ?Chenega?, sailed from Auke Bay yesterday, en route to Prince William Sound, where it will serve the communities of Cordova, Valdez, and Whittier. The ferry, built by…

A group company consisting of Kawasaki Kisen Kaisha, Ltd. ("K"Line), together with its Indonesian consortium partner, PT. Pelayaran Nusantara Meratus (PNM), has executed three 20-year long-term charter agreements for three new LNG…

The U.S. Navy unveiled plans for a major transformation in military marine navigation over the next few years, in which traditional paper nautical charts will be replaced with advanced, interactive, electronic navigation…

Singapore conglomerate Keppel Corporation Ltd., the world's top builder of offshore oil rigs, is set for a 28% quarterly profit rise on Thursday as rig orders boom and oil refining returns improve.More…

Korea Gas Corporation (Kogas) has invited bids to build four LNG carriers, two of which will be ice classed, to carry 3.5 million tonnes of LNG from 2008. The LNG carriers will…

Germanischer Lloyd has taken first place in the current evaluation of all statutory inspections of ships during the past year within the scope of the Paris Memorandum of Understanding (Port State Control).…

Belfast's Harland & Wolff shipyard has been undergoing a quiet revolution bringing with it the promise of new prosperity. The latest contract the yard has landed is to fabricate and assemble components…

Visakhapatnam-based National Ship Design and Research Centre (NSDRC) has asked Indian shipyards to set up green field shipyards in deep water ports because the country will be requiring an additional 1.78 million…

Japan has announced it will abandon plans to put into service the world's fastest passenger ship, which cost $103 million to build, due to predicted operating deficits.The Techno Superliner (TSL), which has…

Terneuzen-based Multraship Towage & Salvage has purchased Bulgarian towage and salvage operator Bourgas Tug Services. BTS provides harbour towage, local salvage and line handling services in and around the Bulgarian port of…

Kitanihon Shipbuilding in Japan is rumoured to have secured an order for two 550,000 cft reefer ships from a Japanese ship owner. They will be delivered in November 2007 and March 2008.…